Answer:
The expected value is $38.46.
Step-by-step explanation:
The probability of drawing a 10 from any suit is 4/52. Multiply this by the earnings which is 500:
your equation should look like this:
4/52(500) = 2000/52 = 38.46
Answer:
C. $38.46
Step-by-step explanation:
The probability that you'll get a 10 from a suit is 4/52 because there are 4 10's in each suit and 52 cards in total. If you multiply 4/52 by 500 (because you get 500 for drawing a 10), then you get 38.46 by simplifying the following equation:
4/52(500) = 2000/52 = 38.46
